(2007) Tags: Sony
CHASER FINANCING, LLC v. McConnell
DIRECTORS OF MOTION PICTURE INDUSTRY PENSION PLAN v. NU IMAGE INC.
CHASER FINANCING, LLC v. McConnell
Chaser Financial, L.L.C. brought the suit after the $15 million budgeted Jean-Claude Van Damme film received tax credits only totaling $556,728.20 for the Louisiana expenditures related to Til Death (renamed Until Death). Investor tax credits were not allowed for non-Louisiana expenditures. Chaser and HC Production then filed the instant suit against the Director of the OEID, the Secretary of the DED, and the Director of Film & Television of the OEID, contending that the production of Til Death qualified for investor tax credits and employment tax credits.
Judgment: The November 4, 2016 judgment, dismissing with prejudice Chaser Financial, L.L.C. and HC Production, L.L.C.’s claims, is affirmed. Costs of this appeal are assessed equally against Chaser Financial, L.L.C. and HC Production, L.L.C.
DIRECTORS OF MOTION PICTURE INDUSTRY PENSION PLAN v. NU IMAGE INC.
On May 6, 2013, plaintiffs Directors of the Motion Picture Industry Pension Plan and Directors the Motion Picture Industry Health Plan filed suit against defendant Nu Image, Inc., an independent film production company. The complaint asserts the following claims: (1) failure to comply with audit obligations of the Employee Retirement Income Security Act; (2) failure to make residual contributions to the Plans; (3) failure to make certain payroll contributions to the Plans; and (4) breach of contract in violation of Section 301(a) of the Labor Management Relations Act.
In brief, the Plans allege that pursuant to several collective bargaining agreements, defendant is obligated to remit pension and health contributions to the Plans when defendant makes films utilizing labor from certain unions. According to the Plans, defendant has failed to make certain payments on the following twenty-one films: 16 Blocks; Bad Lieutenant: Port of Call New Orleans; Beyond a Reasonable Doubt; Blonde Ambition; The Cleaner; The Code; Day of the Dead; The Expendables; Til Death (aka. Until Death); Homeland Security; King of California; Leatherface 3D (Texas Chainsaw Massacre); Labor Pains; Mad Money; Major Movie Star; Microwave Park; Olympus Has Fallen; Rambo IV; Righteous Kill; Solitary Man; and Wicker Man.